NextDecade (NEXT) Shrinks 18.6% After $6.7-Billion LNG Financing

Group 1 - NextDecade Corp. experienced a significant drop in share prices, falling by 18.62% to $8.09, as investors reacted to developments regarding Train 4 of its Rio Grande LNG project [1][3] - The company successfully raised $6.7 billion to finance the development of Train 4 and continue progress on Train 5 [2][4] - Train 4 is projected to add 6 million tons per annum (MTPA) of LNG capacity, bringing the total capacity under construction at the Rio Grande LNG project to 24 MTPA [3][4] Group 2 - The funding for Train 4 includes $3.85 billion from a term loan facility, $1.13 billion from equity investments, and $1.7 billion from partners [4] - NextDecade's Chairman and CEO highlighted the strong global demand for natural gas infrastructure and the company's position to meet this demand with ongoing projects [3]